Axtel Industries (BOM:523850) PB Ratio : 8.07 (As of May. 26, 2024)

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What is Axtel Industries PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-26), Axtel Industries's share price is ₹564.45. Axtel Industries's Book Value per Share for the quarter that ended in Mar. 2024 was ₹69.98. Hence, Axtel Industries's PB Ratio of today is 8.07.

The historical rank and industry rank for Axtel Industries's PB Ratio or its related term are showing as below:

BOM:523850' s PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 3.34 Max: 10.86
Current: 8.07

During the past 13 years, Axtel Industries's highest PB Ratio was 10.86. The lowest was 0.18. And the median was 3.34.

BOM:523850's PB Ratio is ranked worse than
91.82% of 2934 companies
in the Industrial Products industry
Industry Median: 1.925 vs BOM:523850: 8.07

During the past 12 months, Axtel Industries's average Book Value Per Share Growth Rate was 17.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Axtel Industries was 20.50% per year. The lowest was -11.30% per year. And the median was 16.50% per year.

Back to Basics: PB Ratio

Axtel Industries PB Ratio Historical Data

The historical data trend for Axtel Industries's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Axtel Industries PB Ratio Chart

Axtel Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

Get a 7-Day Free Trial

2.76

7.11

5.35

4.04

9.10

Axtel Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															4.04	-	7.44	-	9.09

Competitive Comparison of Axtel Industries's PB Ratio

For the Specialty Industrial Machinery subindustry, Axtel Industries's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Axtel Industries's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Axtel Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where Axtel Industries's PB Ratio falls into.

Axtel Industries PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Axtel Industries's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	564.45	/	69.975
	=	8.07

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Axtel Industries (BOM:523850) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Axtel Industries PB Ratio Related Terms

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Axtel Industries (BOM:523850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Axtel Industries Ltd (BOM:523850) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vadodara-Halol Highway, P.O. Baska, Plot No. 43/1, Village Nurpura, District Panchmahals, Halol, GJ, IND, 389350

Website

https://www.axtelindia.com

Axtel Industries Ltd is engaged in engineering process equipment for the food industry. The company is involved in turnkey systems, product development, and customer service. The business of the company operates in one segment that is Manufacturing Food Processing Instruments. The company derives revenue from the sale of machinery i.e. manufactured goods and related services. The product line of the company consists of solids handling, storage and discharge, sieving and straining, cleaning and grading, size reduction, mixing and blending, and specialized process equipment.

Axtel Industries (BOM:523850) Headlines

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